Upside case
Bull case
$153+67.5%
MNST would need investors to value it at roughly 67x earnings — about 27x more generous than today's 40x forward P/E. That requires meaningful multiple expansion on top of continued earnings growth.
Analysis OverviewBuyUpdated Jun 18, 2026
Monster Beverage Corporation (MNST) Stock Analysis
Wall Street verdict, consensus price target, and analyst rating breakdown — everything needed to frame the risk/reward at today's price.
Analyst consensus
Buy
Covering
44
analysts
24 bullish · 3 bearish · 44 covering MNST
Strong Buy
1
Buy
23
Hold
17
Sell
3
Strong Sell
0
Consensus Target
$91
-0.8% vs today
Scenario Range
$73 – $153
Model bear to bull value window
Coverage
44
Published analyst ratings
Valuation Context
39.9x
Forward P/E · Market cap $89.3B
MNST price targets
Three scenarios for where MNST stock could go
Current
~$91
Confidence
53 / 100
Updated
Jun 18, 2026
Where we are now
Current · $91
Bear
$73
Base
$116
Bull
$153
Market caseClosest to today
Base case
$116+27.2%
At 51x on FY1 earnings, the base case reflects a reasonable but not stretched valuation. It prices in continued growth without assuming an exceptional setup.
Stress case
Bear case
$73-19.9%
If investor confidence fades or macro conditions deteriorate, a 8x multiple contraction could push MNST down roughly 20% from where it trades now.
Not financial advice. Model confidence reflects internal scenario assumptions, not a guarantee of returns. Past performance does not predict future results.
Monster Beverage Corporation
MNST · NASDAQConsumer DefensiveBeverages - Non-AlcoholicDecember year-end
Monster Beverage is a leading energy drink company that develops, markets, and sells a wide range of energy beverages globally. It generates revenue primarily through its Monster Energy Drinks segment — which accounts for the vast majority of sales — along with its Strategic Brands portfolio and other beverage offerings. The company's moat lies in its powerful Monster Energy brand, extensive distribution network, and strong relationships with bottlers and retailers that create significant barriers to entry.
Market Cap
$89.3B
Revenue TTM
$8.8B
Net Income TTM
$2.0B
Net Margin
23.1%
MNST Revenue and Earnings Performance
Quarterly beat-or-miss track record against analyst estimates, plus forward revenue and EPS outlook for the next two fiscal years.
EPS Beat Rate
50%Exceptional
12 quarters tracked
Revenue Beat Rate
50%Exceptional
vs consensus estimates
Avg EPS Surprise
+1.9%
above Street consensus
Beat / Miss Record
BeatMissLeft = EPS · Right = Revenue
Q3 2025
Q4 2025
Q1 2026
Q2 2026
Last 4 Quarters
EPS beats: 4 of 4Q3 2025
EPS
$0.52/$0.48
Revenue
$2.1B/$2.1B
Q4 2025
EPS
$0.56/$0.48
Revenue
$2.2B/$2.1B
Q1 2026
EPS
$0.51/$0.48
Revenue
$2.1B/$2.0B
Q2 2026
EPS
$0.58/$0.53
Revenue
$2.4B/$2.2B
| Quarter | EPS (Actual / Est) | EPS Surprise | Revenue (Actual / Est) | Rev Surprise |
|---|---|---|---|---|
| Q3 2025 | $0.52/$0.48 | +8.2% | $2.1B/$2.1B | +1.4% |
| Q4 2025 | $0.56/$0.48 | +17.0% | $2.2B/$2.1B | +4.2% |
| Q1 2026 | $0.51/$0.48 | +5.4% | $2.1B/$2.0B | +4.2% |
| Q2 2026 | $0.58/$0.53 | +10.1% | $2.4B/$2.2B | +8.9% |
FY1–FY2 Estimates
Revenue Outlook
FY1
$9.6B
+9.4% YoY
FY2
$10.4B
+8.0% YoY
EPS Outlook
FY1
$2.32
+12.8% YoY
FY2
$2.58
+11.3% YoY
Trailing FCF (TTM)$2.1B
FCF Margin: 23.6%
Next Earnings
August 6, 2026
Expected EPS
$0.58
Expected Revenue
$2.4B
MNST beat EPS estimates in 4 of 4 tracked quarters. A perfect track record raises the bar for the upcoming report.
MNST Revenue Breakdown by Segment
Product and geographic revenue mix from the latest annual disclosure, with year-over-year growth by segment.
Latest disclosure
FY 2025
Total disclosed revenue $8.3B
Product Mix
Latest annual revenue by segment or product family
Monster Energy Drinks
92.7%
+11.7% YoY
Tap, hover, or focus a slice to inspect segment detail.
Geographic Mix
Latest annual revenue by reported region
U.s. And Canada
61.2%
+7.4% YoY
Tap, hover, or focus a slice to inspect segment detail.
Monster Energy Drinks is the largest disclosed segment at 92.7% of FY 2025 revenue, up 11.7% YoY.
U.s. And Canada is the largest reported region at 61.2%, up 7.4% YoY.
MNST Valuation Snapshot
Current multiples compared to the S&P 500, the company's sector, and its own five-year average.
Relative Value Signal
Expensive versus peers
Fair value est. $52 — implies -42.9% from today's price.
Premium to Fair Value
42.9%
above fair value
Deep DiscountFair ValueVery Expensive
vs S&P 500 Trailing P/E
MNST
47.1x
vs
S&P 500
24.4x
+93% premium
vs Consumer Defensive Trailing P/E
MNST
47.1x
vs
Consumer Defensive
18.9x
+149% premium
vs MNST 5Y Avg P/E
Today
47.1x
vs
5Y Average
39.0x
+21% premium
Forward PE
39.9x
S&P 500
18.8x
+112%
Consumer Defensive
14.2x
+181%
5Y Avg
—
—
Trailing PE
47.1x
S&P 500
24.4x
+93%
Consumer Defensive
18.9x
+149%
5Y Avg
39.0x
+21%
PEG Ratio
5.88x
S&P 500
1.66x
+254%
Consumer Defensive
1.92x
+206%
5Y Avg
—
—
EV/EBITDA
34.4x
S&P 500
15.2x
+126%
Consumer Defensive
11.1x
+211%
5Y Avg
28.6x
+20%
Price/FCF
45.4x
S&P 500
20.7x
+120%
Consumer Defensive
15.3x
+197%
5Y Avg
47.9x
-5%
Price/Sales
10.8x
S&P 500
3.1x
+248%
Consumer Defensive
0.9x
+1123%
5Y Avg
8.5x
+26%
Dividend Yield
—
S&P 500
1.91%
—
Consumer Defensive
3.06%
—
5Y Avg
—
—
| Metric | MNST | S&P 500 | Consumer Defensive | 5Y Avg MNST |
|---|---|---|---|---|
| Forward PE | 39.9x | 18.8x+112% | 14.2x+181% | — |
| Trailing PE | 47.1x | 24.4x+93% | 18.9x+149% | 39.0x+21% |
| PEG Ratio | 5.88x | 1.66x+254% | 1.92x+206% | — |
| EV/EBITDA | 34.4x | 15.2x+126% | 11.1x+211% | 28.6x+20% |
| Price/FCF | 45.4x | 20.7x+120% | 15.3x+197% | 47.9x |
| Price/Sales | 10.8x | 3.1x+248% | 0.9x+1123% | 8.5x+26% |
| Dividend Yield | — | 1.91% | 3.06% | — |
MNST trades above S&P 500 benchmarks on 6 of 6 measured multiples — commands a broad premium across most valuation dimensions.
Forward P/E and PEG reflect analyst consensus estimates. Historical averages use trailing ratios where forward data is unavailable.S&P 500 and sector benchmarks both use trailing median P/E — similar readings indicate the broader index and sector are priced alike.
Open valuation toolMNST Financial Health
Verdict
Exceptional
MNST generates $2.1B in free cash flow at a 23.6% margin — 33.1% ROIC signals a durable competitive advantage.
Cash Engine
Revenue, margins, and cash generation
Revenue (TTM)
Trailing-twelve-month sales base
$8.8B
Revenue Growth
TTM vs prior year
+18.1%
Gross Margin
Gross profit as a share of revenue
55.5%
Operating Margin
Operating income divided by revenue
29.3%
Net Margin
Net income divided by revenue
23.1%
EPS (TTM)
Diluted earnings per share, trailing twelve months
$2.06
Free Cash Flow (TTM)
Cash generation after capex
$2.1B
FCF Margin
FCF as share of revenue — the primary cash quality signal
23.6%
Capital Quality
ROIC, leverage, and debt serviceability
ROIC
Return on invested capital — primary competitive quality signal
33.1%
ROA
Return on assets, trailing twelve months
20.7%
Cash & Equivalents
Liquid assets on the balance sheet
$2.1B
Net Cash
Cash exceeds total debt — no net leverage
$2.1B
Debt Serviceability
Net debt as a multiple of annual free cash flow
Net cash ✓
ROE
Return on equity, trailing twelve months
25.5%
Shareholder Returns
How capital is returned to owners
Total shareholder yield
0.1%
Dividend
—
Buyback
0.1%
Share Repurchases
Trailing buyback outflow — dollar magnitude of capital returned
$104M
Dividend / Share
Annualized trailing dividend per share
—
Payout Ratio
Share of earnings distributed as dividends
—
Shares Outstanding
Declining as buybacks retire shares
978M
All figures from the trailing twelve months. ROIC uses invested capital (equity + net debt).
Open full ratios pageMNST Stock Risk Factors
Key factors that could pressure the stock price, compress the multiple, or weigh on future results.
AI analysis · updated June 17, 2026
High Risk
Earnings Risk
Monster Beverage's upcoming earnings report on February 26 could heavily impact its stock performance, with sensitivity to margin recovery and revenue growth.
Medium
Valuation Sensitivity
The stock's valuation is highly sensitive to changes in revenue growth and margins, with a mid-case model projecting modest returns.
Medium
Competitive Pressure
Monster faces intense competition in the energy drink market, with its growth dependent on brand strength and product diversification.
Lower
Market Saturation
The energy drink market may be nearing saturation, potentially limiting Monster's long-term revenue growth potential.
High Risk
Disclosed Risks
Monster Beverage disclosed 39 risk factors in its recent earnings report, indicating significant operational and financial challenges.
Medium
Sponsorship Costs
High costs associated with sponsorships (e.g., UFC, MotoGP) could pressure margins if not offset by revenue growth.
These are risk mechanisms, not predictions. The key question is which would force a cut to earnings estimates or a lower multiple than the market currently prices in.
Why MNST Stock Could Outperform
Structural drivers behind the upside case and why the stock could outperform over the next 12 months.
AI analysis · updated June 17, 2026
Wide economic moat
Monster Beverage Corporation has a wide moat, indicating strong competitive advantages and sustainable profitability.
Strategic Coca-Cola partnership
Coca-Cola Company is the top institutional holder with 20.9% ownership, providing strategic distribution and support.
Diverse product portfolio
Monster offers energy drinks, brewed coffee, juices, and teas, catering to a broad consumer base.
Strong brand and flavors
Monster Original energy drinks are known for their smooth flavors, carbonation, and natural caffeine appeal.
Extreme sports sponsorships
Sponsorships in UFC, MotoGP, and BMX enhance brand visibility and loyalty among target demographics.
Consumer defensive sector
Operating in the non-alcoholic beverages sector provides resilience during economic downturns.
Institutional investor confidence
Detailed institutional ownership analysis reflects strong smart-money confidence in the company.
A real bull case compounds — each driver matters most when it strengthens margins, supports capital returns, and keeps the company above the market's minimum growth bar simultaneously.
MNST Stock Price Performance
52-week range context and price returns across multiple time horizons. Dividend contribution is shown separately in the Capital Return section.
Current Price
$91.34
52W Range Position
93%
52-Week Range
Current price plotted between the 52-week low and high.
52-Week Low
$58.09
+57.2% from the low
52-Week High
$93.92
-2.7% from the high
1 Month
+3.16%
3 Month
+23.28%
YTD
+19.9%
1 Year
+44.5%
3Y CAGR
+16.1%
5Y CAGR
+14.8%
10Y CAGR
+13.4%
Range context matters because valuation compression and earnings misses rarely hit from the same starting point. A stock already far below its high can still fall, but it is no longer carrying the same embedded optimism as one pressing a fresh peak.
MNST vs Peers
Valuation, growth, and margin comparison against the closest publicly traded peers for this company.
Peer Set
Accurate peer set
Forward PE
39.9x
vs 18.1x median
+120% above peer median
Revenue Growth
+9.4%
vs +4.6% median
+102% above peer median
Net Margin
23.1%
vs 10.8% median
+114% above peer median
| Company | Mkt Cap | Fwd PE | Rev Grw | Margin | Rating | Upside |
|---|---|---|---|---|---|---|
MNS MNST Monster Beverage Corporation | $89.3B | 39.9x | +9.4% | 23.1% | Buy | -0.8% |
CEL CELH Celsius Holdings, Inc. | $7.9B | 18.7x | +11.4% | 5.9% | Buy | +71.5% |
FIZ FIZZ National Beverage Corp. | $3.4B | 18.1x | +2.4% | 15.6% | Sell | -6.3% |
KO KO The Coca-Cola Company | $341.7B | 24.3x | +2.7% | 27.8% | Buy | +8.5% |
PEP PEP PepsiCo, Inc. | $194.1B | 16.4x | +4.6% | 8.8% | Hold | +18.2% |
KDP KDP Keurig Dr Pepper Inc. | $41.8B | 13.5x | +16.2% | 10.8% | Buy | +5.7% |
This peer comparison reflects companies with similar business models, product lines, or market positioning, supplemented by industry grouping when direct matches are limited.
MNST Dividend and Capital Return
MNST returns 0.1% annually — null% through dividends and 0.1% through buybacks.
Dividend UnknownFCF Unknown
Total Shareholder Yield
0.1%
Dividend + buyback return per year
Buyback Yield
0.1%
Dividend Yield
—
Payout Ratio
—
Dividend Profile
Yield, cadence, and growth quality
Dividend / Share
Trailing annualized cash dividend
$0.00
Growth Streak
Consecutive years of dividend increases
0Y
3Y Div CAGR
—
5Y Div CAGR
—
Ex-Dividend Date
—
Payment Cadence
—
0 payments over the last 12 months
Buyback Engine
How much per-share support comes from repurchases
Repurchases (TTM)
Cash used for buybacks in the latest trailing period
$104M
Estimated Shares Retired
1M
Approx. Share Reduction
0.1%
Shares Outstanding
Current diluted share count from the screening snapshot
978M
| Year | Div / Share | YoY Grw | BB Yield | Total Yield |
|---|---|---|---|---|
| 1990 | $0.01 | — | 0.0% | 0.0% |
FAQ
7 questionsMNST Investor Questions
Common questions answered from live analyst data and company financials.
01Is Monster Beverage Corporation (MNST) stock a buy or sell in 2026?
Monster Beverage Corporation (MNST) is rated Buy by Wall Street analysts as of 2026. Of 44 analysts covering the stock, 24 rate it Buy or Strong Buy, 17 rate it Hold, and 3 rate it Sell or Strong Sell. The consensus 12-month price target is $91, implying -0.8% from the current price of $91. The bear case scenario is $73 and the bull case is $153.
02What is the MNST stock price target for 2026?
The Wall Street consensus price target for MNST is $91 based on 44 analyst estimates. The high-end target is $103 (+12.8% from today), and the low-end target is $77 (-15.7%). The base case model target is $116.
03Is Monster Beverage Corporation (MNST) stock overvalued in 2026?
MNST trades at 39.9x times forward earnings. The stock trades at a notable premium to the broad market, which is typical for businesses with strong free cash flow and above-average growth expectations. Based on current multiples versus the peer group, the relative model signals expensive versus peers. Whether the stock is over or undervalued ultimately depends on whether consensus earnings estimates are achievable.
04What are the main risks for Monster Beverage Corporation (MNST) stock in 2026?
The primary risks for MNST in 2026 are: (1) Earnings Risk — Monster Beverage's upcoming earnings report on February 26 could heavily impact its stock performance, with sensitivity to margin recovery and revenue growth. (2) Disclosed Risks — Monster Beverage disclosed 39 risk factors in its recent earnings report, indicating significant operational and financial challenges. (3) Valuation Sensitivity — The stock's valuation is highly sensitive to changes in revenue growth and margins, with a mid-case model projecting modest returns. Each factor has the potential to pressure earnings or compress the stock's valuation multiple.
05What is Monster Beverage Corporation's revenue and earnings forecast?
Analyst consensus estimates MNST will report consensus revenue of $9.6B (+9.4% year-over-year) and EPS of $2.32 (+12.8% year-over-year) for the upcoming fiscal year. The following year, analysts project $10.4B in revenue.
06When does Monster Beverage Corporation (MNST) report its next earnings?
Monster Beverage Corporation is expected to report its next earnings on approximately 2026-08-06. Consensus expects EPS of $0.58 and revenue of $2.4B. Over recent quarters, MNST has beaten EPS estimates 50% of the time.
07How much free cash flow does Monster Beverage Corporation generate?
Monster Beverage Corporation (MNST) generated $2.1B in free cash flow over the trailing twelve months — a free cash flow margin of 23.6%. MNST returns capital to shareholders through and share repurchases ($104M TTM).